Sebi eases norms on AIF, VCF investments in overseas firms; drops India connection clause
Updated: 19 Aug 2022, 02:46 PM IST
TL;DR.Earlier, one of the conditions was that such overseas investments were allowed only in those companies which had an Indian connection. Like, a company has a front office overseas, while having its back office operations in India.
Sebi has alleged that some unknown persons had allegedly hacked into the official email accounts of its 11 employees and sent 34 emails from them.